Sentient invests in Pershimco Resources' $7 mln private offering
Pershimco Resources Inc (TSX-V: PRO) has finalized the terms of a private placement of common shares that is intended to raise gross proceeds of $7 million. The Sentient Group, a resource private equity firm based in the Cayman Islands, and Agnico Eagle Mines Ltd will each invest in the offering, giving them about 19.95 percent of the company as a result. Based in Rouyn-Noranda, Québec, Pershimco Resources is a junior mineral exploration and development company focused on its Cerro Quema Project in Panama.
4 May 2015•5 mins read
